1.   It also owns an insurance company, Fata, and has a stake in an ailing private bank.

2.   Mexico has borrowed heavily from private banks, the World Bank, and other international lenders.

3.   Multilateral institutions would be asked for debt reductions equivalent to those agreed by the private banks.

4.   Government favour also helped firms secure loans from private banks.

5.   American private banks and other major lenders to Brazil, who will be among the biggest beneficiaries of any plan that stabilizes the economy, will not contribute directly.

6.   An accord with the IMF would pave the way for a similar agreement with the Paris Group of private banks, helping Peru reduce repayments on its foreign debt.

7.   And compared to to more freewheeling neighbors like Malaysia, Indonesia, Thailand and South Korea, India has relied less on borrowing from private international banks.

8.   And many private banks were forced into more marginal, and problematic, lending.